Breaking Ground on Business Development with Scott Barone
See the full video here.
See the full video here.
Scott Barone is the Founder and Principal of Barone Management LLC. Founded in 1999, the company was initially focused on property management and small to medium-sized fee-based construction management projects before expanding into development consulting as well. By 2005, Barone had approximately 400,000 square feet of property under its stewardship, a mix of property management and active construction. However, Mr. Barone’s earliest success arrived via a partnership with The McSam Hotel Group, in which Mr. Barone endeavored to develop a series of hotels in 2009, the first located in Manha...
The real estate investment platform CrowdStreet launched an offering for a ground-up development of a self-storage facility in Long Island, New York. In times of adverse market conditions and economic uncertainty, a historically resilient and inflation-hedging investment avenue is self-storage facilities. The 10 Gordon Drive Self Storage project is in a market that’s seeing high demand for such facilities, which have seen a 94% occupancy rate and 10% rent growth over the last 12 months according to management company Extra Space Storage, which will provide the facility with its proprietary ...
Real estate investment platform RealtyMogul opened the pledging window for an equity investment in a children’s charter school in New York City’s Bronx borough. Bronx Charter School for Children offering sponsor Barone Management acquired a 99-year ground lease for a 24,300-square-foot vacant commercial building in the South Bronx neighborhood. The property will undergo a renovation, including the addition of an additional floor to add 4,200 square feet to the building, which will become a school. Construction is underway and is expected to be completed by December 2024. An experienced te...
Getting into a year-round pickleball craze just got easier, as CityPickle's long-awaited indoor courts in LongIsland City — plus a bar, a shop and a restaurant — will open on Friday Sept. 15, The Post has learned. CityPickle's co-founders and long-time friends, Mary Cannon and Erica Desai, leased the permanent location —CityPickle's first brick and mortar, no less — at The Woodworks at 9-03 44th Rd., a newly developed red-brickindustrial property between Ninth and Tenth streets near Vernon Boulevard in the Queens neighborhood. “CityPickle is hoping to remove all the weather anxiety...
SYOSSET, N.Y. — California-based boutique advisory firm Talonvest Capital has arranged a $13.8 million construction loan for a self-storage facility in the Long Island community of Syosset. The facility will consist of 1,025 climate-controlled units and 86 drive-up units for a total of 103,440 net rentable square feet. Talonvest arranged the loan, which carried a five-year term and four years of interest-only payments, through an undisclosed commercial bank. The borrower and developer is Barone Management. Delivery is slated for late 2024. See the original article here. ...
Lee & Associates NYC represented the fee owner and procured a leaseholder for three properties in the Bronx. Located at 629 Courtlandt Ave., 1680 Southern Blvd. and 4035 White Plains Rd., they were built in the early 1970s and total more than 66,000 square feet, with 74,000 square feet of combined air rights for community facility use. Ben Tapper, director of Lee NYC’s National Investment Services Group, was the sole broker. The new leaseholder is Scott Barone, founder of Barone Management. The Gargiulo family owns all three buildings. “These buildings have been owned by the ...